NEXTY PLATFORM: A PREFERABLE PAYMENT METHOD
Centralized payment systems are often very cumbersome especially when it comes to trading and sending or receiving money internationally over the counter using money gram, one has to go through series of processes to get it done. This is highly inefficient and not really effective because money cannot be sent or received in real world time.
Another problem is online payment and the use of credit cards, the issue of high transaction fees, network barrier, poor security and at most times transactions gets declined or reversed. Some projects in the crytpo economy face these challenges and have almost no means of managing them. Simply put, there has been no easy method for making payments, this is why I chose NextyCoin.
What is NEXTY?
Nexty is a platform that curbs out the traditional payment system and replaces it with an instant, efficient, effective, reliable, plus a zero payment fee platform which are among the amazing features that makes up the system and all this is made possible with the integration of Blockchain Technology.
The rise of FinTech
FinTech is an Information Technology that improves the activities of finance. Forbes recently mentioned in an article that FinTech rise is due to;
- the differences seen in technology and finance
- short-term preference in the market
- big market shots or suppliers refusal to succumb to change
Nexty has created a platform to replace FinTech through a Dual Cyrptocurrency Confirmation System (DCCS) to overcome low transaction time and cost. The DCC is of two types;
- Nexty(NTY); is the digital asset that will be used for daily transactions
- Nexty Foundation (NTF); is used as trading fees instead of NTY to confirm transactions.
Nexty platform has a plan to create an ecosystem that will enable financial institutions adopt Nexty as a payment system and also support qualified startups with funds for trading, this will be made possible using funds raised from the already concluded ICO.
Nexty plans to prepare a MasterCard that can be used on POS to facilitate payments. Nexty also has a staking program that will cover for short term, long term and long term investments. This is to encourage investors to buy and sell NTY to increase their asset and in the process, earn NTF by just holding.
Nexty has organized an affiliated program that gives the referrer 6% of whatever amount of NTY purchased by the down line.
Just like Bitcoin, Nexty can be mined by holders of NTY but what makes Nexty mining unique?
Nexty intends to control the supply of Nexty in circulation by stopping mining once a supply of of 40 billion NTY is reached, this way the system will be regulated and growth will be stable.
This is the result you get when Nexty is compared with other platforms
This and many more can be enjoyed in the Nexty platform. We have been presented with an opportunity to improve our payment system, the best we can do is give our maximum support by participating as an investor.
ICO has been concluded but Nexty is currently being traded on idax and is also listed on Coinmarketcap (CMC).
To get more information on NEXTY, check out;
Website: https://nexty.io
Whitepaper: https://nexty.io/images/nexty-whitepaper.PDF
Facebook: https://Facebook.com/nextycoin
Twitter: https://twitter.com/nextyio
Telegram: https://t.me/nextyio
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